Italgas (IG.MI) - Cash on Hand

Cash on Hand as of December 2023 : ₹23.96 Billion

According to Italgas's latest financial reports the company has ₹23.96 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Italgas - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹40.62 B	-65.5%
2021-12-31	₹117.74 B	95.62%
2020-12-31	₹60.19 B	187.2%
2019-12-31	₹20.95 B	89.05%
2018-12-31	₹11.08 B	4805.37%
2017-12-31	₹0.22 B	90.13%
2016-12-31	₹0.11 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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